department stores: March 2009 Archives

This is intriguing: a number of malls nationwide are cutting hours, instead of closing stores. Barnes and Noble is changing hours across the country. "General Growth, which is trying to avoid filing for bankruptcy protection, is changing the hours at many of its malls across the country, including Baltimore-area locations White Marsh Mall, Owings Mills Mall, Towson Town Center, Mondawmin Mall and The Mall in Columbia. The malls will close a half-hour earlier Monday through Thursday and close an hour earlier Friday and Saturday. On Sunday, the malls will open an hour later."

Unexpected Dillard's closings

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Dillard's responded to poor sales and investor pressure by announcing plans to close five stores. The department store chain closed 21 doors in 2008. A handful of store closings are normal in a given year, but Dillard's announcement was timed to respond to the company's performance.

Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.

About this Archive

This page is a archive of entries in the department stores category from March 2009.

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